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and using alternatives. . so they are looking for technologies like this. you can read more about this and all of the technologies facing texas right now with the drought on pl maria? >> many allowing for more shale gas exploration and fracking are very critical to the economy growing in this country. two huge energy ceos told me as much as this just a month ago on the "closing bell". >> well, it's tremendous. it's a renaissance for our country, certainly for our industry, and for our company as well at conocophillips. >> there's an opportunity to generate a couple of trillion of dollars in tax revenue over the next 20 years. there's opportunity to generate millions of additional jobs. >> well, believe it or not, joining us right now is former nfl quarterback drew bledsoe. he's an investor in a company called ecosphere, which is making a big bet on fracking, and more specifically, drew, it's about the cleaning of the water that's used in the fracking process. it's an environmentally clean process, which has a lot of people worried about the impact fracking has on the env
points. quest technology has been a leadership on the upside in 2013. s&p 500 looks like this. also a decline there, as you can see, down about nine points on the standard & poor's. >> here we go. let's talk about it in today's "closing bell" exchange. with us, kimberly faust, at the big board with us today. jim lacamp from ubs. eric marshall from hodges capital management, and our own rick santelli. kimberly, you get to start first. you're one of those who feel this market is destined to go higher from here. why? >> i do. i think you've got a combination of low interest rates, you have inflation under control, and you have a ton of money on the sidelines. so i think that combination is rocket fuel to the stock market. >> but what about right now, where we see the markets up 10% year-to-date, we see these worries about what's going on in europe. are there reasons to be that we might be able to get into this market at better levels and perhaps the correction happens before going much higher. >> i agree with that. i didn't say it was going to go straight up. this is going to be fraugh
trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. >>> today's thing that makes us go hmm is $80.3 million. that's the total sales of staples last year. apparently there's a staple boom with sales climbing 3% year over year. who knew? i've got my stapler here. i think i have about three on my table. and it continues to be swing lined, by the way, that's the brand, the company that's been around since 1925. this one here is by the way a swing line as well. in the meantime markets are down but definitely off their lows. we're continuing to watch what is happening in cyprus. thanks so much for watching "street signs." "closing bell" is coming up next. >>> hello and hi and welcome to "closing bell" for a monday. i'm bill griffeth here at the new york stock exchange where things started promising. but it's how you end that matters as we all know. >> it certa
as caterpillar also heading higher. united technologies hitting a historic high today. laggar laggards, boeing as well as banks like citigroup and jpmorgan. in the s&p 500, leaders today include jc penney where analysts at isi say the retailer could transform top locations into a reit like entity. other names in the green, best buy as well as consol energy. laggards, helmeritch & paine. and finally. in the nasdaq. intuitive surgical. analysts saying upside potential outweighs downside risk over the next month months. back to you. >> thanks, josh. >>> we're heading toward the close. about 50 minutes left here. let's see if the markets will turn positive and finish that way for the day. right now the dow is down 23 points zblrjts coming up, we talk with former treasury secretary larry summers. he'll tell us what's worrying him about the bailout in cyprus. >>> the dogs of the dow strategy worked again, so far. last year's worst performer is its best now. hewlett-packard helping the dow weather the storm from europe. get this. the once beleaguered stock is this year's best performer. up 60% just t
health care, industrials, and technology. there we just think we have more reasonable prices, better capital deployment, a better estimate achievability. >> quickly, your favorite sector? >> sectors are technology, industrials, energy, from a thematic basis, discipline value and dividend growth. not yield, but dividend growth. >> great to see you. brian, adam, thank you. thanks for your thoughts today. we're coming back with the closing countdown. stick around. we'll find out whether the dow and s&p can remain positive or whether we have this three-day sell-off. >> then the ceo of software maker adobe systems will be with me breaking down his company's earnings, before he speaks to analysts. you're watching the "closing bell" on cnbc, first in business worldwide. investor. yeah, i'm a serious investor but i'm a busy guy. it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose i
technology has created in lots of industries, you would expect financial services to be somewhat bigger. so i don't really know the answer to that question. i think that my predecessor, paul volcker's claim, that the only contribution to the financial industry is the automatic teller machine, might be a little exaggerated. i know that some people have that view. but, again, i don't know the answer. i think a somewhat bigger financial sector can be justified by the wider range of services and the more globalized financial and economic system that we have, but the exact number, i can't really say. >> hi, i'm jeremy. i have a follow-up question on cyprus. as a central banker, do you think it was either appropriate or fair to impose a levy on every bank deposit in cyprus, even those insured by the european union itself? thank you. >> well, i've not been involved in those conversations and i don't necessarily know of the details. so i know they're grappling with a very difficult problem. i think the issue they face is, that there's a pretty big hole, a financial hole in the sense that there is a f
Search Results 0 to 5 of about 6